Business Directories

National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, said on Monday its second-quarter net profit more than doubled due to increased fleet size and rates for transporting spot crude.
The c

Saudi Arabia has cut the official selling price (OSP) for its benchmark Arab Light crude to Asia in August, as expected, while raising the price to European customers.
State oil company Aramco has lowered the A

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said.
There has been a shift in Middle Eastern ref

Saudi Aramco has revived plans to add a clean fuels unit in its biggest oil refinery in Ras Tanura and more environmentally-friendly units to its Rabigh refinery, industry sources said.
There has been a shift in Middle Eastern ref

Saudi state oil company Saudi Aramco wants to raise its share in Luksar, a joint venture with Russia's Lukoil, to 50 per cent, the chief executive of the Russian company said on Wednesday.
"They are interested in taking t

Saudi Aramco may raise the number of its oil and gas drilling rigs to as high as 250 next year if oil prices continue to firm and as domestic demand for gas increases, industry sources said on Thursday.
Currently the national ener

Saudi Aramco is seeking 1.6 million barrels of gasoil for delivery in June, after earlier seeking similar volumes for May, traders said.
Saudi Aramco Products Trading Company (ATC), a wholly-owned subsidiary of

Saudi Aramco is in negotiation to buy 1.7 million barrels of gasoil for delivery in May, its largest spot requirement in recent months, to meet a potential rise in domestic demand for the power generation fuel in summer, industry sources said.

Dubai's Arabtec has been awarded a Dh1.04 billion ($283.16 million) contract from Saudi Aramco to build 380 villas in Saudi Arabia, the contractor said on Tuesday.
Arabtec, which this week put four of its five Saudi subsidiari

National oil firm Saudi Aramco is currently operating a total of 212 oil and gas drilling rigs and has not decided whether to increase that number this year, a senior executive said on Monday.
Amin Nasser, senior vice-president fo